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Crypto Lender Celsius Should not Reopen Custody Withdrawals, US Trustee Says

SB Crypto Guru News by SB Crypto Guru News
October 2, 2022
in Crypto Updates
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Crypto Lender Celsius Should not Reopen Custody Withdrawals, US Trustee Says



The corporate’s movement to reopen withdrawals would apply solely to prospects holding “pure custody belongings,” which Celsius has didn’t outline. The objection claims that distributing funds to a restricted group of consumers and not using a full understanding of the corporate’s crypto holdings, its money owed and the transfers between its varied accounts and subsidiaries might “inadvertently affect or restrict distributions to different collectors.”



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